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U.S. stocks were poised to open higher, moving closer to completing their strongest August performances in decades.
The next few months, though, may bring heightened volatility as investors contend with a contentious election cycle and continuing worries about the coronavirus pandemic and its effect on the economy.
Futures for the
Dow Jones Industrial Average
advanced 57 points, or 0.2%.
futures gained 0.3% and 0.4%, respectively.
Oil also caught a bid in early trading. The price of West Texas Intermediate crude gained 1.2% and Brent crude rose 1.3%.
(ticker: TSLA) shares were up 0.7% in premarket trading as the electric-vehicle maker prepares for its shares to begin trading following a 5-for-1 split.
(ticker: AAPL) shares gained 0.8%. The iPhone maker will also begin trading on a split-adjusted basis Monday, following a 4-for-1 stock split.
(BRK.B) gained 0.6% after the company, led by Warren Buffett, said that it acquired significant stakes in five Japanese trading companies including,
shares gained 0.9% following a Wall Street Journal report, that said the company is considering selling its DirecTV business.
United Airlines (UAL) shares popped 2.2%. It announced Sunday that it is permanently eliminating change fees for bookings, admitting that the fees came at the “expense of customer service.”
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